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Activation

LEU - Opportunity to reload on swing position if this is activeWe are currently being controlled by our white buying continuation - we rejected off the top and have sold off in our controlled selling algorithms. Today we will be opening up right on top of the bottom of this white channel and will be interested to see if this can pick up price and break out of our strong selling purple. If that happens I will add to my current swing position. Happy Trading :) - TraderDaddyOG
AMEX:LEULong
by ReigningTrades
3
PDD - Updated Analysis and Bullish OutlookIt has been a while ride on PDD this past month! Don't take your eyes off the grand prize - a breakout of our larger time frame magenta selling channel. In order to do that, we needed to build liquidity in our controlled selling channels. We have activated a stronger buying continuation channel but will need some time to prove its' control. Be patient on this one and the benefits will pay in the longer run. Happy Trading :) - TraderDaddyOG
NASDAQ:PDDLong
by ReigningTrades
TSLA - Updated analysis and what we need to see for a bull runThese same algorithms have been playing out time and time again for years. We need to see our strong yellow activated to break us out of controlled selling teal but more importantly out of our controlled buying green. Green is a bull's worst enemy and although there are intra-day and smaller time frame trades to be taken within, on the HTF it is constantly being used as a liquidity build for the bears to push us lower. This is why we need to see something stronger like yellow take control of price so that we can break out of this control. Hope this was helpful and... Happy Trading :) - TraderDaddyOG
NASDAQ:TSLA
by ReigningTrades
What I mean when I say "Activate an algorithm" - Quick TutorialThis should be helpful for anyone looking to understand further what I define as an activation of an algorithm. This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand for my analysis and trading style. Always here to answer further questions for those who are interested in learning more! Happy Trading :)
NYSE:KSSEducation
by ReigningTrades